Financial news on October 24, 2006

Business and Financial news
AT&T Profit Rises 74% on Wireless Growth

Strong growth at Cingular Wireless and savings from the merger of the old AT&T with SBC Communications spurred the increase. Read more..

By KEN BELSON - The New York Times

At U.S. Borders, Laptops Have No Right to Privacy

Employers have a new worry — that business travelers’ laptops will be seized at United States customs and immigration checkpoints. Read more..

By JOE SHARKEY - The New York Times

Canada Wonders Why It’s the Bought and Not the Buyer

Cash-rich corporate Canada could be on a hunt for commercial prey, but the list of prominent Canadian companies now under new and foreign ownership goes on. Read more..

By IAN AUSTEN - The New York Times

Ford Posts Loss of $5.8 Billion, Worst Since ’92

Ford’s new chief executive said the automaker would require a transformation in the way it thought about consumers. Read more..

By MICHELINE MAYNARD - The New York Times

How to Tell One Plane From Another

When I was a frequent business traveler, I developed what some people might consider an odd pastime: I recorded the tail numbers on planes. Read more..

By BOB BASCHÉ - The New York Times

Like Yahoo, Google Adds Customized Search Engine

Google introduced a tool Monday that allows Web sites and blogs to offer visitors a customized version of its search engine. Read more..

By KATIE HAFNER - The New York Times

Lipitor Patent Ruling

Pfizer, the pharmaceutical company, won an appeals court ruling yesterday that will keep generic copies of its best-selling drug Lipitor off the market until 2010. Read more..

By BLOOMBERG NEWS - The New York Times

Parent of Keefe Bruyette Plans to Go Public

WASHINGTON, Oct. 23 (Dow Jones/AP) — KBW Inc., the investment bank, is gearing up to hold its initial public offering early next month at a price that could give it a market valuation of about $638 million. Read more..

By DOW JONES/THE ASSOCIATED PRESS - The New York Times

Seeing Promotion Possibilities in the Tick of the Population Clock

Johnson & Johnson and Gerber Products are sponsoring campaigns celebrating the arrival of the 300 millionth American. Read more..

By PATRICIA WINTERS LAURO - The New York Times

T-Mobile Tests Dual Wi-Fi and Cell Service

T-Mobile began selling service that allows a single handset to communicate over both cellular networks and Wi-Fi hot spots. Read more..

By KEN BELSON - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Intel INTC 21.46 21.84 21.45 21.62 62.8M
Microsoft MSFT 28.43 28.43 28.13 28.28 61.4M
Pfizer PFE 27.25 27.32 27.00 27.26 50.8M
Cisco Systems CSCO 24.37 24.54 24.16 24.34 29.9M
Oracle Corp. ORCL 19.06 19.15 18.74 18.89 28.8M
Altria MO 79.36 81.05 78.50 79.82 24.6M
Amazon AMZN 32.87 38.00 32.86 33.63 23.2M
General Electric GE 35.45 35.58 35.34 35.42 21.8M
AT&T Inc. T 34.60 35.00 34.21 34.73 20.1M
ExxonMobil XOM 69.67 70.23 69.58 69.89 19.8M
Amgen AMGN 75.30 75.43 74.52 74.94 19M
Wal-Mart Stores WMT 51.35 51.90 51.05 51.30 18.8M
Alphabet GOOGL 476.28 477.86 471.41 473.31 17.3M
Apple AAPL 81.21 81.68 80.20 81.05 16.5M
ConocoPhillips COP 60.20 61.68 60.15 61.40 14.8M
JPMorgan Chase JPM 47.14 47.21 46.75 47.14 13.4M
Home Depot HD 36.18 36.56 36.17 36.50 12.2M
Schlumberger SLB 62.00 62.47 60.57 62.35 12.2M
HP Inc. HPQ 39.65 39.97 39.06 39.44 11.6M
Verizon Communications VZ 37.83 38.19 37.69 38.00 11.4M
McDonald's MCD 42.05 42.46 41.84 42.25 11.4M
Abbott Laboratories ABT 48.52 48.58 47.72 48.12 11M
Johnson & Johnson JNJ 68.63 68.86 68.26 68.75 10.9M
Comcast CMCSA 38.47 39.12 38.17 39.01 10.7M
Coca-Cola KO 47.05 47.24 46.89 47.03 10.5M
Merck MRK 45.70 45.95 45.25 45.93 9.56M
International Business Machines IBM 90.91 91.95 90.80 91.49 9.22M
Chevron CVX 65.64 67.03 65.46 66.89 9.06M
Pepsico PEP 62.95 63.48 62.70 63.20 8.87M
Bristol-Myers Squibb BMY 24.57 24.77 24.28 24.75 8.17M
UnitedHealth Group UNH 50.50 50.79 49.83 49.84 7.96M
Wells Fargo & Co. WFC 36.50 36.60 36.22 36.45 7.78M
Walt Disney & Co. DIS 31.14 31.44 31.03 31.38 7M
Procter & Gamble PG 63.00 63.17 62.67 62.88 6.88M
Boeing BA 83.10 83.89 82.72 83.59 3.82M
3M MMM 79.95 80.58 79.70 79.89 3.2M
Gilead Sciences GILD 69.25 69.35 68.04 68.64 2.83M
United Technologies UTX 64.56 65.15 64.50 65.12 2.71M
Union Pacific UNP 91.46 91.62 90.40 91.50 1.5M
Berkshire Hathaway BRK.B 3338.00 3365.00 3337.50 3355.00 21.9K
Exchange Rates of October 24, 2006
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 119.420 JPY 1 JPY = 0.008 USD
US Dollar Canadian Dollar 1 USD = 1.127 CAD 1 CAD = 0.887 USD
US Dollar Swiss Franc 1 USD = 1.267 CHF 1 CHF = 0.789 USD
US Dollar Chinese Yuan 1 USD = 7.903 CNY 1 CNY = 0.127 USD
Euro Japanese Yen 1 EUR = 149.910 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.670 GBP 1 GBP = 1.492 EUR
Euro Australian Dollar 1 EUR = 1.655 AUD 1 AUD = 0.604 EUR
Euro Canadian Dollar 1 EUR = 1.414 CAD 1 CAD = 0.707 EUR
Euro Swiss Franc 1 EUR = 1.590 CHF 1 CHF = 0.629 EUR
Japanese Yen Pound Sterling 1 JPY = 0.447 GBP 1 GBP = 2.238 JPY
Japanese Yen Australian Dollar 1 JPY = 1.103 AUD 1 AUD = 0.906 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.943 CAD 1 CAD = 1.060 JPY
Japanese Yen Swiss Franc 1 JPY = 1.061 CHF 1 CHF = 0.943 JPY
Pound Sterling Australian Dollar 1 GBP = 2.469 AUD 1 AUD = 0.405 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.110 CAD 1 CAD = 0.474 GBP
Pound Sterling Swiss Franc 1 GBP = 2.372 CHF 1 CHF = 0.422 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.854 CAD 1 CAD = 1.171 AUD
Australian Dollar Swiss Franc 1 AUD = 0.960 CHF 1 CHF = 1.041 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.124 CHF 1 CHF = 0.890 CAD

See what else happened on October 24, 2006